Galaxy Backbone woos banks after CBN directive
The Federal Government-owned Galaxy Backbone has intensified efforts to attract banks, fintechs and other financial…
Dangote Cement approves N45 dividend, targets 80m tonnes
Shareholders of Dangote Cement Plc have approved a final dividend of N45 per ordinary share…
Oil firms decry multiple taxes, seek PIA review as Nigeria joins IEA
Indigenous oil producers have warned that Nigeria’s upstream petroleum sector is being weighed down by…
Dangote beats US, ships N757bn jet fuel to Europe – Report
Dangote Petroleum Refinery exported about 466,000 metric tonnes of jet fuel to Europe in June,…
FG boosts power supply at FUTI with 1.6MW solar mini grid
The Federal Government has commenced the construction of a 1.6-MWp/1.5 MWh solar mini-grid at the…
FG warns marketers against using old stock to justify high petrol prices
The Federal Government has warned petroleum marketers against using profits from previously acquired expensive fuel…
UPDATED: Tony Elumelu to step down as UBA chair, bank names successor
United Bank for Africa Plc has announced that its group chairman, Tony Elumelu, will retire…
Customs exceeded 2025 revenue target despite waivers – CG
The Nigeria Customs Service on Monday said it surpassed its 2025 revenue target by 10.24…
New Lagos mini-grid will unlock businesses, jobs — Senator
The senator representing Lagos East Senatorial District, Adetokunbo Abiru, has said the newly commissioned 504-kilowatt-hour…
7,942 oil service permits, 49 licences granted in Q1 — Report
Nigeria issued 7,942 oil and gas industry service permits and 49 upstream monitoring licences in…